In Short : CleanMax will supply 50 MW of hybrid renewable energy to Sangam India in Rajasthan, marking a significant step in industrial decarbonization. The project combines solar and wind power to ensure reliable energy supply. This partnership highlights the growing adoption of hybrid renewable solutions by industries seeking sustainability, cost efficiency, and reduced dependence […]
Highlights: 185 MW wind-solar hybrid project commissioned at Kalavad, adding upwards of INR 165 Cr annually to its revenue base in FY2027 once project is stabilized. Project serves 15+ corporate customers under group captive model to support demand of energy intensive manufacturing CleanMax’s operational energy sale capacity stands at 3.1 GW as of 31st March […]
In Short : Polyplex Corporation will source solar energy from projects developed by CleanMax and Berkeley Energy. The arrangement supports the company’s renewable energy transition and reduces dependence on conventional power. The solar procurement is expected to lower energy costs, cut carbon emissions, and strengthen sustainability goals while contributing to increased adoption of corporate renewable […]
In Short : CleanMax Enviro Energy Solutions reported a 14% year-on-year rise in income for Q3 FY2026, driven by strong demand for corporate renewable energy solutions. The growth reflects increasing adoption of clean power by industries, long-term power purchase agreements, and expansion of solar and wind portfolios, reinforcing the company’s position in India’s green energy […]
In Short : IPO-bound CleanMax has announced plans to invest ₹1,200 crore in developing a 200 MW solar park in Andhra Pradesh. The large-scale renewable energy project will strengthen its clean energy portfolio, support corporate power procurement, and accelerate regional green capacity expansion. The investment signals strong growth ambitions as the company prepares for its […]
In Short : CleanMax Enviro Energy Solutions has raised ₹921 crore from anchor investors ahead of its ₹3,100 crore initial public offering (IPO). The strong anchor participation reflects investor confidence in the company’s renewable energy portfolio, corporate PPA model, and long-term growth strategy as India accelerates its clean energy transition. In Detail : CleanMax Enviro […]
Highlights • The ~59 MW hybrid capacity across Gujarat and Tamil Nadu is aimed at providing renewable energy to CEAT’s Halol facility in Gujarat and Kanchipuram facility in Tamil Nadu under a group captive model • The projects are expected to generate ~13.58 crore units of renewable electricity annually, taking CEAT’s clean power content to […]
In Short : CleanMax has filed its Draft Red Herring Prospectus (DRHP) with SEBI for a ₹5,200 crore IPO. The issue will comprise both fresh equity shares and an offer for sale. Funds raised will support debt repayment, capacity expansion, and strengthening its renewable energy portfolio. The IPO highlights CleanMax’s ambition to accelerate its leadership […]
In Short : Promoters of CleanMax, a leading renewable energy solutions provider, have raised ₹400 crore in a pre-IPO funding round. The capital infusion will support the company’s growth plans, debt reduction, and expansion of its clean energy portfolio. This strategic move strengthens CleanMax’s position ahead of its anticipated initial public offering (IPO). In Detail […]
CleanMax and Toyota Tsusho Indiahave formeda partnership todrive sustainable green energy transition and accelerate renewable energy development across India Mumbai – CleanMax, a Brookfield-backed company and one of the leading Indian renewable energy and net-zero solution providers for the Commercial and Industrial (C&I) sector, and Toyota Tsusho India Private Limited (TTIPL) have announced a long-term […]